Harte-Hanks Posts First Quarter of Revenue Growth Since 2007
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For the nine months ended Sept. 30, 2010, the company’s revenues decreased 2.8 percent to $624.5 million and operating income increased 5.3 percent to $65.9 million.
Commenting on the third quarter performance, Chairman, President and CEO Larry Franklin said, “It was good to see revenue growth in the third quarter, our first quarter of growth since the first quarter of 2007. Although Shoppers revenue declined in the quarter by 4.2 percent, this was the lowest decline since the first quarter of 2007. Shoppers operating income reflects excellent improvement as our people continue to effectively manage through the current difficult environment.
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